Eagle Ford

Eagle Ford Shale Description ImageThe Eagle Ford shale formation in South Texas runs from the US-Mexico border north of Laredo in a narrow band extending northeast for several hundred miles to just north of Houston. It is located directly below the Austin Chalk. The average thickness of the Eagle Ford shale is about 475 feet. The more active part of the region is mainly in McMullen, Maverick, Dimmit, La Salle, Karnes, Live Oak, and Atascosa counties. The formation produces both natural gas and oil, but it is the oil-producing and gas condensate areas that are hottest right now.

Houston-based Apache Corp. and EOG Resources are two of the largest lease-holders in the Eagle Ford. Other major players include Petrohawk, Swift Energy, ExxonMobil, ConocoPhillips, Murphy Oil, Chesapeake, Cabot Oil & Gas, and Pioneer Natural Resources.

Eagle Ford Shale Map

Eagle Ford Shale News

Williams to buy Access Midstream Partners

Jun 16, 2014

Williams, Tulsa, has agreed to acquire the 50% general partner interest it doesn’t now own in Access Midstream Partners LP, Oklahoma City, along with limited partnership units raising its stake to 50% from Global Infrastructures Partners II for $5.995 billion cash.

Eagle Ford Breifs

Jun 10, 2014

ConocoPhillips ramps up Eagle Ford shale development

Jun 10, 2014

ConocoPhillips Corp. has raised its resource estimate in the Eagle Ford shale by 700 million bbl to 2.5 billion bbl of oil in place after pilot tests targeting shallower levels of the formation show the company's leasehold contains more oil than previously thought.

Tuscaloosa Briefs

Jun 10, 2014

Bakken production growth expected to slow as the play matures

Jun 10, 2014

Production growth from the Bakken tight oil formation is expected to moderate in the next 2 years as older wells decline and new wells strain to offset natural production declines, analysis by Wood Mackenzie Ltd. shows.

BHP exec: Shale success requires rethinking business approach

Jun 9, 2014

Big Oil can be successful in shale but it requires a relentless focus on improving productivity and an ability to be nimble, said Rod Skaufel, president of North American shale for Melbourne-based BHP Billiton.

BHP exec: Shale success requires rethinking business approach

Jun 3, 2014

Big Oil can be successful in shale but it requires a relentless focus on improving productivity and an ability to be nimble, said Rod Skaufel, president of North American shale for Melbourne-based BHP Billiton.

Open seasons start for Eagle Ford pipeline

Jun 2, 2014

Victoria Express Pipeline LLC has opened a binding open season for long-term commitments of transportation of crude oil and condensate through a pipeline under construction in the Eagle Ford shale play of South Texas.

Det Norske to buy Marathon Oil’s Norway business for $2.7 billion

Jun 2, 2014

Det Norske Oljeselskap ASA has entered into a definitive agreement to acquire Marathon Oil Norge AS, a wholly owned subsidiary of Marathon Oil, for $2.7 billion, effective Jan. 1, 2014.

Baker Hughes: US drilling rig count declines to 1,857

May 23, 2014

The US drilling rig count dropped 4 units to 1,857 rigs working during the week ended May 23, Baker Hughes Inc. reported.

Sanchez to buy Eagle Ford acreage from Shell for $639 million

May 21, 2014

Sanchez Energy Corp., Houston, has agreed to acquire 100% working interest in 106,000 net acres in Dimmit, LaSalle, and Webb Counties, Tex., from Royal Dutch Shell PLC for $639 million, effective Jan. 1. The agreement is expected to close at the end of the second quarter.

Koch to expand Eagle Ford crude line

May 20, 2014

Koch Pipeline Co. LP, an indirect, wholly owned subsidiary of Koch Industries Inc., plans to install a 24-mile, 200,000-b/d pipeline in San Patricio County, Tex., effectively expanding the company’s South Texas crude oil pipeline system.

EIA estimates average Eagle Ford EUR at 168,000 bbl/well

May 9, 2014

The average estimated ultimate recovery (EUR) of wells drilled during 2008-13 in the Eagle Ford shale in South Texas was 168,000 bbl/well, according to the US Energy Information Administration.

Encana to acquire Eagle Ford acreage for $3.1 billion

May 7, 2014

Encana Oil & Gas Inc., a wholly owned subsidiary of Encana Corp., has reached an agreement with Freeport-McMoRan Oil & Gas LCC, a subsidiary of Freeport-McMoRan Copper & Gold Inc., to acquire 45,500 net acres in Karnes, Wilson, and Atascosa counties, part of the Eagle Ford shale in South Texas, for $3.1 billion, effective Apr. 1.

Sabine, Forest sign merger agreement

May 6, 2014

Sabine Oil & Gas LLC and Forest Oil Corp. have signed a definitive merger agreement under which the companies will combine their businesses in an all-stock transaction. The combined entity will be known as Sabine Oil & Gas Corp., headquartered in Houston, and led by Sabine’s current executive management team.

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